Category Economics

Reprinted from Inside Sources California may be facing an energy shortage and rolling blackouts as a heat wave hits the state, but that is not stopping officials from trying to shut down another international pipeline. Attorneys general from Washington, Oregon,…

On August 23, in an interview with Dr. Anthony Fauci, Fox’s Neil Cavuto asked if the school shutdowns had “forever damaged” kids. Fauci answered, “I don’t think it’s forever irreparably damaged anyone.” If only that were true. But a large…

The Federal Reserve’s decision to tighten monetary policy may finally be paying off. The Personal Consumption Expenditures Price Index (PCEPI), which is the Fed’s preferred measure of inflation, grew at a continuously compounding annual rate of 6.0 percent from July…

Physicist and former CalTech provost Steven Koonin’s superb 2021 book, Unsettled? What Climate Science Tells Us, What It Doesn’t, and Why It Matters, busts many popular myths about climate change. Koonin is clear that global temperatures are indeed rising, and…

Republished from National Review Capital Matters The Swedish private-sector labor market is unusual, even compared with other European countries. It is undergirded by coercion, creating a framework or model. That model is not something for countries like the United States…

Reprinted from Law & Liberty “Don’t throw the baby out with the bathwater” is a saying that seems to go back to 1512. We use the saying to warn a friend against a syndrome of erring: In jettisoning something bad, first separate…

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all. – John Maynard Keynes An economic crisis looms. When the brown matter hits the proverbial fan,…

Sales of light vehicles totaled 13.2 million at an annual rate in August, little changed from a 13.3 million pace in July. The August result was a 1.1 percent decrease from the prior month and the third decrease in the…

U.S. nonfarm payrolls added 315,000 jobs in August, substantially less than the 526,000 gain in July. The July estimate was revised down by 2,000 from the original estimate of 528,000. June was also revised down, now estimated to have increased…

According to Putin confidant Aleksandr Dugin, there are four political ideologies: (1) liberalism, (2) communism, (3) fascism, and (4) nationalism, as a form of existentialism. This philosophy of nationalism underpins the view of Russia as a unique civilization and, moreover,…